BEEN IN THIS GAME FOR 6 YEARS

[ardentvolcanoes]

You are very lucky to have been in the game for so long, i have been in it for 2,5 to 3 years. I got in it just before the bull market started but i did not rush in it unfortunately so I did not make a lot of money out of it. I wish i would have started my research 6 months earlier.

Oh well that's everybody's wish to be here much earlier, Though it's not the bull season now but you are still in the game so chances still there for you to maximize every opportunities that will open for you.

Make yourself more active and surely it will you more engaged and hopefully you'll gained  whatever your heart desire from this industry.

[AicecreaME]

Obviously if you wait too long, the price is too high.

This doesn't happen all of the time, it could go always the other way around because of its fluctuations (volatility), depends on its chart history (technical analysis) to have a clue what's gonna happen on the market. The technique you could use when you're planning to buy bitcoin at a certain price and don't regret it in the end is to be mature enough for your decision,

if you buy at $17,000 then the price starts to dump at $11,000, don't be afraid to hodl it, bear the market until it gets bullish then sell off your coins to bear profits.

[Battareus]

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

People can only perceive generally accessible things, basically everyone is thinking the same way and laughing like a flock of sheep if they saw or heard something funny. They didn’t even think about what he wanted to say, they only heard which way he was saying. After years each of them wants to go back and buy cheaply. So this Chinese can sincerely laugh at them.

[deisik]

Halving equals more scarce.

Halving equals less inflation.... it in no shape or form equals Bitcoin to be more scarce than it already. Scarcity in Bitcoin doesn't always play much of a role because during a bear market there are more sellers than buyers

It is not just about scarcity alone

As it is always about utility too as these two characteristics of an asset, service or good are complementary and work hand in hand. What I mean to say is that utility has the same effect on price as scarcity. If Bitcoin becomes more useful (when, for example, people start to use it more widely as a means of payment) its utility rises which leads to higher prices even if its scarcity doesn't change or even decreases (i.e. Bitcoin becomes more abundant). Conversely, if people become less interested in it, Bitcoin's utility goes down - along with its price

[gabbie2010]

I have known bitcoin since 2013 and had stopped for almost two years without even looking at the price. I was really shocked how much the price grew. I knew when I forst read about bitcoin that it has a great long term potential, a revolutionary currency that can be used as an alternative medium of exchange. When I went back to crypto, I swear I won't hesitate anymore and will be part of it till it grows and gets massively adopted and accepted.

I am almost in the same shoes with you after reading briefly about bitcoin sometimes in 2014 I never really bothered to do more research about it the price then was very less at that time while I never envisaged BTC will  become  a big time financial revolution I came back into it again in early 2017 that was when i was fully involved however I always regretted not taking appropriate action after my early encounter with bitcoin.

[nydiacaskey01]

I remember my wife telling to stop trading cryptocurrencies and focus on my day job that pays me a few hundred dollars every 15 and 30th day of the month. Those we’re the days when Bitcoin is being traded below $100 and out of 10 people you ask about Bitcoin, you are lucky if one will answer that they know what Bitcoin is. Fast forward 6 years later, she always ask how many Bitcoins did I earn already and she knows the value of Bitcoin. 6 years ago I dont mind if I pay my bills using Bitcoin, nowdays, I dont care if my electric bill is past due date, I will pay when I have money and I will not touch my Bitcoin.

[DaftAjax]

Halving equals more scarce.

Halving equals less inflation.... it in no shape or form equals Bitcoin to be more scarce than it already. Scarcity in Bitcoin doesn't always play much of a role because during a bear market there are more sellers than buyers

It is not just about scarcity alone

As it is always about utility too as these two characteristics of an asset, service or good are complementary and work hand in hand. What I mean to say is that utility has the same effect on price as scarcity. If Bitcoin becomes more useful (when, for example, people start to use it more widely as a means of payment) its utility rises which leads to higher prices even if its scarcity doesn't change or even decreases (i.e. Bitcoin becomes more abundant). Conversely, if people become less interested in it, Bitcoin's utility goes down - along with its price

I must admit. I, for one, also always thought that Scarcity has the biggest role in Bitcoin's price. I didn't realize the contribution of utility. If you think about it, it is very similar in the economy (for goods, that is). Sure, scarcity of a certain good raises its price (value) as an answer for the rising demand, but the utility (supply, logistics) will also affect its rising price because of its maintenance (for the case of cryptocurrency, fees and transaction time), as it is not instant, unlike services. But the main difference between them is goods can be produced many times over but in Bitcoin (regardless of halvings) has a limited supply.

[Google+]

it is true that cryptocurrency price movements cannot provide guarantees for you and at the moment the price of bitcoin is far but at least the price of bitcoin can return to be expensive because now I see there are signs of price increases so the most important thing when trading you must be able to control your patience have and don't let you sell your assets at cheap prices because it will only make you lose.

[deisik]

Halving equals more scarce.

Halving equals less inflation.... it in no shape or form equals Bitcoin to be more scarce than it already. Scarcity in Bitcoin doesn't always play much of a role because during a bear market there are more sellers than buyers

It is not just about scarcity alone

As it is always about utility too as these two characteristics of an asset, service or good are complementary and work hand in hand. What I mean to say is that utility has the same effect on price as scarcity. If Bitcoin becomes more useful (when, for example, people start to use it more widely as a means of payment) its utility rises which leads to higher prices even if its scarcity doesn't change or even decreases (i.e. Bitcoin becomes more abundant). Conversely, if people become less interested in it, Bitcoin's utility goes down - along with its price

I must admit. I, for one, also always thought that Scarcity has the biggest role in Bitcoin's price. I didn't realize the contribution of utility

You are definitely not alone

As quite a number of people think that scarcity determines the price of an asset. It does but along with utility. In fact, I explained the relationship between utility and price on several occasions before. The truth is, without utility scarcity means nothing (though it works in reverse too). If something is extremely scarce but it has no practical use and application (whatever those might be in terms of the subjective theory of value), its value will be null

And as I said, it works in reverse too. If something has tremendous significance and importance for us (what utility comes down to), it may still have low or no value for being extremely abundant (in terms of price). We cannot live without air but it doesn't cost us anything for the simple reason it is so plentiful that there is enough of it for everyone (as they say, air for everybody, free, and let no one be left behind)

But the main difference between them is goods can be produced many times over but in Bitcoin (regardless of halvings) has a limited supply

Without actual utility a limited supply turns irrelevant and inconsequential. Quite a few shitcoins had a very limited supply, some of them even less than Bitcoin's, and what's become of them?

[South Park]

You are very lucky to have been in the game for so long, i have been in it for 2,5 to 3 years. I got in it just before the bull market started but i did not rush in it unfortunately so I did not make a lot of money out of it. I wish i would have started my research 6 months earlier.

You are not the only one that regrets not taking bitcoin more seriously from the beginning, if I knew the same that I know now about trading and investing before the bull market of 2017 happened then my profits will be significantly higher than what they are now but there is no point in thinking about it because there is nothing we can do to change it, what you can do is to try to learn as much as possible about those two topics before the next bull run comes.

[Maslate]

Reading your posts makes me very excited. I know Bitcoin in October 2016. Because I was jobless at the time so I did not think at all about investing here, which was in my mind how I have an income through bitcoin.
This post makes me realize a little that I have to start saving bitcoin bit by bit so that I can get a big profit in the coming years starting now.

Start saving now so you won't feel the same regrets before. Bitcoin price is full of predictions so there is no guarantee if it will pump or dump in the next years to come but i believe that bitcoin will be more profitable in the following years so i won't waste time but to start saving more bitcoins now. And one thing that is certain here is the more patient you hold your bitcoins, the bigger chances you'll become profitable in the future.

[gaston castano]

yes, if they realize the cycle, of course they will start to consider btc, I just knew crypto in 2017 so I have never seen btc being priced at hundreds of dollars, I am amazed at people who buy at that number then sell, and buy back.
it's as if they know the situation and do the same thing to get a profit within a certain period.

[styca]

yes, if they realize the cycle, of course they will start to consider btc, I just knew crypto in 2017 so I have never seen btc being priced at hundreds of dollars, I am amazed at people who buy at that number then sell, and buy back.
it's as if they know the situation and do the same thing to get a profit within a certain period.

It is difficult to sell at the right time. I am not very good at it, which is why I am more of a long-term holder than a trader. One problem with trading is that when bitcoin price drops, it tends to drop very suddenly, which means it is almost impossible to sell at the moment it starts falling. It is much better to sell before that, when the price is still rising... it is just extremely difficult mentally to make the decision that the price rise is unsustainable and to sell a rising asset.

[cryptoknightt]

yes, if they realize the cycle, of course they will start to consider btc, I just knew crypto in 2017 so I have never seen btc being priced at hundreds of dollars, I am amazed at people who buy at that number then sell, and buy back.
it's as if they know the situation and do the same thing to get a profit within a certain period.

it's usually they are easily influenced and makes themselves easy to panic to buy and panic to sell, bitcoin should be able to be used for long-term investment meaning you can save bitcoin until the price is really expensive because the more years of bitcoin will be more difficult to obtain.

[bitbunnny]

Experience makes us more calm and rational. Smart in making decisions too.
I'm also involved in Bitcoin from 2013 and since then Bitcoin went through different phases, many hard and good times. That is why it's funny for me to see people panicking becuse of few hundred dollars that price went down. Bitcoin has its own cycle that will always follow, don't forget that.

[dimonstration]

it's usually they are easily influenced and makes themselves easy to panic to buy and panic to sell, bitcoin should be able to be used for long-term investment meaning you can save bitcoin until the price is really expensive because the more years of bitcoin will be more difficult to obtain.

I'd been known bitcoin BTC since 2016 , Experience the hype and the flaws, and I still think it is the future that we needed in transactions as I'm amazed still how I'll able to earn and send transactions easily without going in banks and with lesser fee than normal transactions. We were lucky enough to know bitcoin earlier and up to this time since many are not aware how beneficial it can be.Yes, it is risky but it still serves its purpose and will so more in the long run, it's just not easy to convince those who are not willing to risk.

[bitgolden]

I am almost in the same shoes with you after reading briefly about bitcoin sometimes in 2014 I never really bothered to do more research about it the price then was very less at that time while I never envisaged BTC will  become  a big time financial revolution I came back into it again in early 2017 that was when i was fully involved however I always regretted not taking appropriate action after my early encounter with bitcoin.

We all had our regrets about this, especially we that even knew about bitcoin when satoshi was still developing it which I could even have acquired as much as I can freely then when the ico was on, but I ignored some of these things thinking bitcoin was a scam which I never even took my time to study it before concluding that it was a scam, but that has gone already.

I know if it was possible for many of us to turn back the hands of time in cryptocurrency, it would be turned back to when satoshi was just introducing the coin and giving some out free through bonus, but it is still not damaged or too late, we all aspire that bitcoin will turn to $1 million dollars one day and that should be the main goal right now, which should push us to buying the coin at this current price that is still very cheap to me.

[doomloop]

Reading your posts makes me very excited. I know Bitcoin in October 2016. Because I was jobless at the time so I did not think at all about investing here, which was in my mind how I have an income through bitcoin.
This post makes me realize a little that I have to start saving bitcoin bit by bit so that I can get a big profit in the coming years starting now.

It is good to hear your plans. You can make a lot out of bitcoin and crypto currencies. All you need to do is just stay. No matter how hard and thin times will get, do not go for panic selling. Bitcoin is the simplest way of becoming rich and you can make huge money out of it. Most of the people consider it as a very expensive asset and that it is but one can collect its bit and avoid buying whole bitcoin at a time.

[clickerz]

Experience makes us more calm and rational. Smart in making decisions too.
I'm also involved in Bitcoin from 2013 and since then Bitcoin went through different phases, many hard and good times. That is why it's funny for me to see people panicking becuse of few hundred dollars that price went down. Bitcoin has its own cycle that will always follow, don't forget that.

True, experience is always  the best teacher. I started bitcoin in the mid of 2015 and register here at  January 2016. Almost 4 years now and  had witness several  ups and downs. As you become familiar the movement, you become resilient and calm. Let the market move on its own and if you plan for long term, nothing to worry in my opinion.

[Baofeng]

Experience makes us more calm and rational. Smart in making decisions too.
I'm also involved in Bitcoin from 2013 and since then Bitcoin went through different phases, many hard and good times. That is why it's funny for me to see people panicking becuse of few hundred dollars that price went down. Bitcoin has its own cycle that will always follow, don't forget that.

True, experience is always  the best teacher. I started bitcoin in the mid of 2015 and register here at  January 2016. Almost 4 years now and  had witness several  ups and downs. As you become familiar the movement, you become resilient and calm. Let the market move on its own and if you plan for long term, nothing to worry in my opinion.

Been here in 2017 and saw the peak in December that year and I would say that it's one of the greatest thing I've discovered since joining crypto-sphere. Yes, I did gain experienced in 2018, to be calm and not panic specially when we hit $3100. Now I've gained so much experienced that I didn't get excited unless I see new all-time-high again. Lots of ups and downs, but that's the nature of crypto, you have to be prepared for the worst situations.